Estimated 8.69% CAP RATE. Amazing opportunity to own three $699,000

Lake Home For Sale

Estimated 8.69% CAP RATE. Amazing opportunity to own three homes on one large corner lot in Lakeport! If you have been looking for a family compound or an investment property, this is a rare gem you don't want to miss out on! The main home is a stunning combination of historic charm with modern updates. 5bd/2.5 bath, 1952sq ft and is beautifully remodeled with an open, airy and spacious floorplan. Huge, eat-in, modern kitchen has a wall of windows overlooking the beautiful landscaped fully fenced backyard with garden area and small pond feature. Cherry cabinets, high-end appliances, 14ft of counter space in approximately 450 + sq ft kitchen plus 2 pantries lots of natural light. Multiple split units and wood stove keep the home cozy in all seasons. This home also has high quality laminate flooring throughout the main floor plus hardwood doors, custom wood cabinets, beautiful lighting and coffered ceilings. The former summer sleeping porch is now enclosed features low E double glazed windows, and 2 twin Ikia bunk bed systems with built-in closets desks. Main floor master bedroom features an en-suite with claw foot tub new marble double vanity. The 2nd full bath has a custom travertine stone shower with bench.

Second home is a 2bd/1ba Charming cottage. Totally Remodeled, energy-efficient with new windows, new tin roof, cherry cabinets tiled bath with claw foot tub. Open living rm/dining area plus bonus room that can be used as a 2nd bedroom, computer room, hobby room or large walk-in closet. Wood stove electric heat. Custom sliding barn doors inside add a whimsical touch and it also has a shaded and landscaped front yard with tons of curb appeal! Fenced back and side yards.

Third home is an adorable 1bd/1ba set off the road. Lovely arbor leads you to a gate that opens up to a serene setting with natural landscaping shaded by 100+ yr old cedar trees. Custom redwood deck and completely private yard that is fully fenced with beautiful redwood fencing. It also has raised garden beds and a pond feature (not in use). One large bedroom, living room, small kitchen tiled bath. home is a quality remodel with new tin roof, shed, outdoor laundry area and lots of windows.
All homes are located within walking distance to the lake, park, downtown, shopping transportation.